Risk Analyst – Capital Markets

Job title:

Risk Analyst – Capital Markets

Company

Direct IT Recruiting

Job description

OverviewNOTE: HYBRID work model, office located in Toronto 7:00 a.m. – 3:00p.m.
Type: 1-Year Contract
Work Experience: 5+ years in Investment Risk, Power BI/Tableau, SQL, Python, P&L Attribution, VaR, ETL, Market Risk,Risk Analysis, Financial Analysis, Liquidity Risk, Counterparty Credit Risk, Asset Classes (public/private), Governance Reporting, Derivatives, CFA, FRM, Snowflake,
Industry: Capital Markets, Investment Management, Investments, Financial ServicesDESCRIPTION:We are looking for an experienced Risk Analyst to join a dynamic team and provide market risk and capital market analysis to monitor, report, and mitigate risk across a diverse portfolio of assets. This role will focus on daily risk reporting, risk attribution, and identifying risk drivers, utilizing advanced risk measurement techniques such as Value at Risk (VaR), Expected Tail Loss (ETL), and Greeks.
You will also be involved in reporting projects, including maintaining in-house BI tools, identifying and resolving risk reporting issues, and collaborating with internal teams on system improvements and reporting enhancements. Your expertise will contribute to optimizing risk measurement systems and ensuring accurate, timely risk reporting for the organization.Who you’ll work with:You will work closely with cross-functional teams including Investment, Risk, Finance, Operations, and external vendors. You’ll be part of a team of skilled risk professionals focused on delivering high-quality risk reporting and improving risk management practices across the organization.What you’ll do:

• Daily Market Risk Reporting: Perform daily analysis, reporting, and monitoring of VaR, ETL, Greeks, and other risk metrics at the asset and portfolio level. Communicate risk movements and limit breaches to senior management on a timely basis.
• BI Tool Development & Maintenance: Enhance and maintain in-house BI reporting tools and risk analysis software to facilitate deeper insights into portfolio risk drivers and changes.
• Data Quality Assurance: Identify, analyze, and resolve issues related to data quality in risk reports. Conduct market data quality checks on various sources and programs to ensure accuracy.
• Collaboration on Risk Data: Collaborate with internal teams to define business requirements for market data, model implementation, reporting, and workflow design. Ensure proper triage and resolution of data issues.
• UAT Testing: Review and conduct User Acceptance Testing (UAT) for changes introduced to the risk system, ensuring business requirements are met and risk movements are documented and communicated clearly.
• Internal Controls & Process Documentation: Ensure that internal control processes are documented, continuously updated, and compliant with industry standards. Train junior team members on risk reporting procedures.
• Support for New Products: Collaborate with internal stakeholders on new product initiatives, using your expertise in risk measurement to provide valuable insights and help with product-specific reporting.

Requirements:

• Experience: 5+ years in risk analysis, capital markets, or investment risk. Solid understanding of market risk measurement, risk attribution, and derivatives pricing.
• Technical Skills:

• Proficiency in Excel, SQL, Python, and VBA.
• Familiarity with Power BI, Tableau, or similar BI tools for risk reporting.
• Experience with FIS Adaptiv or similar risk management software is a plus.
• Analytical Skills: Strong problem-solving abilities with the capacity to analyze complex risk factors and recommend solutions.
• Communication Skills: Exceptional written and verbal communication skills to clearly report risk findings and collaborate with various stakeholders.
• Education:

• A Bachelor’s or Master’s degree in Finance, Mathematics, Economics, or a related field is preferred.
• CFA or FRM designation is highly desirable.
• Additional Assets:

• Knowledge of capital markets instruments, including equities, fixed income, and derivatives.
• Experience with change management processes is beneficial.

Expected salary

Location

Toronto, ON

Job date

Fri, 13 Dec 2024 07:56:46 GMT

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